Most Americans have the goal of owning their home free and clear. The “benefits” of eliminating their mortgage as quickly as possible have been programmed into them for generations. Many prefer 15 …
Twas The Night Before Christmas – A Real Estate Parody
(Originally posted December 24, 2010.) Twas the night before Christmas and all though the land, The real estate market was in need of a hand. The Realtors had properties all listed with care, In …
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Want to Refinance? Here Are The Sneaky Little Secrets Your Bank Won’t Tell You.
(Originally published October 23, 2010) Interest rates are currently at historic all time lows. And homeowners are again thinking about refinancing their mortgages. During these times, banks …
Is the Honeymoon Over? What Will The Future Hold For Mortgage Rates?
(Originally published October 23, 2010.) For months now, we’ve enjoyed an environment where mortgage interest rates moved lower and lower, with the occasional sideways movements to be expected when …
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Thinking About Applying With Two Lenders? Banks Are Now Wise To The Game!
(Originally published October 17, 2010.) In my last newsletter, I discussed industry changes that enable lenders to re-verify your credit, debt, and liabilities. Now lenders have instituted …
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FNMA “Clarifies” Second Credit Report Rule…Sort Of.
(Originally published October 3, 2010.) Back in May, 2010, I reported that under FNMA’s Loan Quality Initiative, lenders are now required to confirm that all debts and liabilities incurred up to …
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